Fortum Battery Recycling has successfully secured funding from Business Finland to establish a new test production facility dedicated to the development of battery materials. The primary objective of this facility is to pioneer a novel, highly efficient method for producing cathode and anode materials, which are integral components of battery cells.
Compared to conventional processes, the newly patented method promises swifter and more energy-efficient production of cathode and anode materials. Furthermore, it stands out for its cost-efficiency and environmentally friendly attributes, as it does not generate harmful wastewater discharge. Notably, this innovative process has the capacity to incorporate recycled battery chemicals, including lithium, sourced from Fortum's own hydrometallurgical recycling plant located in Harjavalta. Importantly, this method is adaptable for producing various cathode and anode materials, with a specific focus on lithium titanium oxide (LTO).
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Tero Holländer, Head of Fortum Battery Recycling, emphasized the significance of these developments in the context of the burgeoning lithium battery market. He stated, “The market for lithium batteries, and consequently cathode and anode materials, is projected to experience rapid growth in the forthcoming years. There is a continuous demand for innovative solutions that prioritize safety, efficiency, sustainability, and Europe-based production chains within this industry.”
Holländer further elaborated on the potential impact of the planned test production facility, saying, “The envisioned facility could open up entirely new opportunities for Fortum Battery Recycling, particularly within the battery cell manufacturing sector. It also presents a chance to collaborate with our partners in advancing the Finnish battery cell industry. Our commitment to ensuring customer satisfaction drives us to collaborate closely with our pilot customers, and we are actively seeking new partners to test and refine the LTO anode material and cathode materials according to their specific requirements.”
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Fortum Recycling & Waste is deeply committed to the recycling of lithium batteries used in electric vehicles and the recovery of critical raw materials. Last spring marked a significant milestone for Fortum Battery Recycling with the inauguration of its hydrometallurgical recycling plant in Harjavalta, Finland. This state-of-the-art facility specializes in the recycling of valuable metals utilized in the lithium batteries of electric vehicles, as well as other byproducts generated during battery production.
The establishment of this new test production facility represents another significant step in Fortum Battery Recycling's dedication to advancing sustainable and efficient battery materials production, further solidifying its role in the sustainable energy ecosystem.
